BOMBARDIER had $110m net income on $1.3b revenues in 1Q24 vs $302m on $1.5b in 1Q23 and ended quarter with $14.9b backlog vs $14.2b at end 2023. It delivered 20 business jets (eight large) vs 22 (14), and plans 150-155 in 2024.
TEXTRON AVIATION earned $143m on $1.2b revenues in 1Q24 vs $125m on $1.1b in 1Q23. It delivered 36 jets/20 commercial turboprops vs 35/34 and has $7.3b backlog. BELL earned $80m on $727m vs $60m on $621m in 1Q23.
In this issue we published a feature about the evolution of the airplane. On page 450, C. G. Grey wrote: "Although the first human flight on a power-driven airplane, free from control on the ground was made by Orville Wright on Dec. 17, 1903, it was not until 1908 that the airplane as a more or less consistently navigable vehicle, really came into being."
GENERAL DYNAMICS AEROSPACE earned $255m on $2.1b sales in 1Q24 vs $229m on $1.9b in 1Q23, ending quarter with $20.5b backlog vs $19.3b a year ago. GULFSTREAM delivered 24 (21 large cabin) business jets in 1Q24 vs 21 (17).
Canada’s Harbour Air Seaplanes has confirmed plans to electrify its De Havilland Canada DHC-2 Beavers and to offer the propulsion conversion to other operators.
Charter and air tour operators have three years to implement safety management systems (SMS) under the final SMS regulation the FAA announced on April 22.